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Petrotal Corp T.TAL

Alternate Symbol(s):  PTALF

PetroTal Corp. is an oil and gas development and production company focused on the development of oil assets in Peru. The Company is engaged in the exploration, appraisal and development of oil and natural gas in Peru, South America. Its flagship asset is its 100% working interest in Bretana oil field in Peru's Block 95. Through its two subsidiaries, the Company is engaged in the ongoing development of hydrocarbons in Block 95 with a focus on the development and production from the Bretana oil field. In addition to further leads in Block 95, the Company has significant exploration prospects and leads in Block 107. The Bretana oil field is located in the Maranon Basin of northern Peru. The Company has a 100% working interest in the Bretana oil field. Block 107 has three additional leads, inclusive of the Osheki-Kametza prospect.


TSX:TAL - Post by User

Post by drunk@noonon Sep 27, 2021 11:25am
149 Views
Post# 33923926

just don't understand the rush to sell, when mid fifty cents

just don't understand the rush to sell, when mid fifty centswill occur in a couple of months when next well comes onstream. This is what bothers me? Why the endless selling at 28-30 cents when a sure jump was around the corner with the completion of the last well. All this after management pointed out a bump up to 100 million barrels of recoverabe makes this severely undervalue  at three times the price. On the surface it seems the selling is without rational. This always worries me? Is there something I am not aware of. Am I the sucker? Are those dumping the millions of shares, week in and week out, the smart ones. Why rush to sell, when if you stop dumping every day, when, with publically disclosed information, you can sell shortly at far higher prices. Still puzzled.
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